Banking News

No 8th Pay commission For Central Government Employees ?

No 8th Pay commission For Central Government Employees. Introduction of  Performance-based increment for central government employees?   Government is all set to bring in the performance Based Increment for Central Government Employees as like PLI s…

Cyber Thugs Dupe Canara Bank Manager For Rs 62 Lakhs

In a sensational case of Cyber Crime, a Canara Bank Manager at Hubbali has transferred Rs 62 lakhs to Online fraudster on pretext of request through phone & Email. Cyber Crime police has registered a case in this regard where Mr. Shankar Sudhakar …

New Labour Law: Get Ready To Work For 12 hours a Day

The amendment in existing labor law and implementation of 12 hours a day work in a week is going to be implemented from 1st July.  The central government had notified four labour codes, namely, the Code on Wages, 2019, on August 8, 2019, and the Indu…

Decision to keep banks open on Sunday for LIC IPO Misfire ?

All the banks were opened on Sunday  (May 8)  prior to launch of LIC IPO for giving acceleration  to the sale of the IPO found to be damp squib. In a recent RTI response from the various banks shows the same.  RTI responses show that just a few 1,000 …

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